- Pre-Market Indications

Wednesday, July 30, 2008

Pre Market Trading Analyst Calls

These are not all of the analyst downgrades and negative calls we are seeing this morning, but these are some of the stand out calls this Wednesday morning:

Alcatel-Lucent (ALU) Cut target at UBS.
Eastman Chemical (EMN) Cut to Hold at Citigroup.
Fording (FDG) Cut to Neutral at UBS.
Gaylord Entertainment (GET) Cut to Neutral at JPMorgan.
Molson Coors (TAP) Cut to Neutral at JPMorgan.
Sepracor (SEPR) Cut to Nedutral at UBS.
Sony ADR (SNE) Cut to Underweight from HSBC.
Wyeth (WYE) Cut to Sell at Citigroup.

These are not all of the analyst upgrades and positive we are seeing this morning, and many upgrades look merely like "less negative" calls than anything. Here are this Wednesday's early bird analyst calls:
Buffalo Wild Wings (BWLD) Raised to Outperform at Baird.
Central European Distribution (CEDC) Started as Overweight at JPMorgan
CVS Caremark (CVS) Started as Buy at B of A.
Harsco (HSC) Raised to Overweight at JPMorgan.
Merrill Lynch (MER) Raised to Neutral at HSBC.
Mryriad Genetics (MYGN) Raised to Outperform at RBC.
National Instruments (NATI) Raised to Hold at Citigroup.
Online Resources (ORCC) Cut to Market Perform at FBR.
Savvis (SVVS) Raised to Buy at Jefferies.
Schnitzer Steel (SCHN) Raised to Neutral at Goldman Sachs.
Walgreen (WAG) Started at Buy at B of A.

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